EOS:REQUEST, why so timid in the range?EOS is in channel here, and it appears to be very sold again, and u can see the market quickly recovered already and trying to get out of acuumilation zone.
There are some key resistances that might keep EOS in the range for awhile, since we got a lot of bag holders, and that will affect the sell pressure. There is going to be need for new buyers
Everything is written on the chart, very hard trade, underperformed a lot relative to other coins.
but bullish based on trend channel
__REVIEW__
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Well, i mean i called it, but due to covid i was wrong?
Target 1 was reached, so i think it was correct play.
Fractal drop was perfect
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BTC vs EOS is very interesting actually, and i like much more then usd
u can see that EOS is about to get out of mega BEAR channel, if true, this can make EOS a better investment than BTC, but will see, may be it is a fake out, but based on the price of usd, it might outperform short term.
Channel held, so i think my TA was correct.
average fractal intel.
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__FRACTALS__
May 7, Jun 14, 30 Nov 11 Jan 16'23, Mar 13'23
**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed!
Thank you, and stay strong my fellow CryptoPunks!
Future belongs to the brave, and crypto is the future.
_Ajion
EOSUSD trade ideas
EOS 100% growth.Growth is expected.
A very good asset with an ideal combination of necessary trading properties: liquidity, volatility, technicality. The coin has liquidity - the asset can be guaranteed to be sold at any time.
The coin has drawn a falling wedge. Perhaps this time she will show herself, and we will see at least 100% growth.
EOS 2022 and beyondEOS seems to be putting finishing touches at the bottoming wedge/triangles.
The uptrend channel held. I expect a break-out any day now.
EOS will most likely hit $12 (top of the downtrend channel) later this year.
Good time to sell and take a break till 2025/27..
The bigger picture toward the end of 2022:
- deescalation of current conflict
- introduction of digital currencies
- possible whole sale ban on cryptos
The bigger picture into 2025/27:
- re-escalation of conflicts in the world, culminating in 2025/27?
- end of the USD (2024/25)
- crash/bottoming of stick markets into 2025/27
- topping of gold/silver into 2025/27
Chances of cryptos (EOS in particular) breaking out in that climate are very slim.
Exact path EOS will take is hard to know:
- maybe uptrend channel will hold at $3.5?
- maybe the symmetric triangle will hold at $2.5?
- maybe we go all the way down to $0.6?
As we get more points with time, things will become more clear.
Alternative analysis for EOS - Cup and Handle FormationPlease see my alternative analysis for EOS which is a potential Cup and Handle Formation. It gives very similar targets to my previous analysis using the Holochain fractal overlay which can be viewed on my other posts. Both of my analysis result in EOS between $150-$200 during this year. It could be a very good time to buy to EOS now. I truly believe EOS will do similar thing to what Ethereum did in 2016-2017
EOSUSD SETUP BIG POTENTIALEOSUSD just completed fifth wave of Elliot wave pattern, hit a strong support, and Bollinger bottom band, now we are looking for it to break downtrend channel, rise up to 3.66 zone bounce back, retrace to 2.921 where fib 50% zone would be if it bounces at the 3.6 res, and it should go upwards to Targe 1 4.4 it it has a strong res in that zone also as 50% fib zone, our target 2 will be top resistance which is at around 6.3 zone.
EOSUSD is on bearish momentum! | 2nd March 2022Prices are on bearish momentum and abiding by an descending trendline resistance. We see the potential for a short entry at 2.3 in line with 50% Fibonacci retracement towards our Take Profit at 2.02 in line with 61.8% Fibonacci retracement. Prices are trading below our Ichimoku cloud resistance, further supporting our bearish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
EOSUSD is on bearish momentum! | 10th Feb 2022Prices are on bearish momentum and abiding to our descending trendline support. We see the potential for a dip from our sell entry at 2.71 which is a graphical overlap and in line with 38.2% Fibonacci retracement towards our Take Profit at 2.42 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci retracement. RSI are close to levels where dips previously occurred, further supporting our bearish bias.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
EOS is a ticking time bomb!Not really technical, but a comparison of the XRP fractal from 2015 to 2017 and EOS's current chart ...
The similarities are mind blowing.
What are your thoughts?
***Not financial advice***
EOS 2022 big pictureEOS has been a big disappointment, and it does not look like it is going to break out of the down trend channel..